Matthews International Stock To Go Ex-dividend Tomorrow (MATW)

NEW YORK ( TheStreet) -- The ex-dividend date for Matthews International Corporation (Nasdaq: MATW) is tomorrow, April 26, 2012. Owners of shares as of market close today will be eligible for a dividend of 9 cents per share. At a price of $30.22 as of 9:30 a.m. ET, the dividend yield is 1.2%.

The average volume for Matthews International has been 139,100 shares per day over the past 30 days. Matthews International has a market cap of $839.2 million and is part of the industrial goods sector and industrial industry. Shares are down 5.2% year to date as of the close of trading on Tuesday.

Matthews International Corporation designs, manufactures, and markets memorialization products and brand solutions for the cemetery and funeral home industries in the United States, Mexico, Canada, Europe, Australia, and Asia. The company has a P/E ratio of 12.1, below the average industrial industry P/E ratio of 12.4 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Matthews International as a buy. Among the primary strengths of the company is its revenue growth. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Matthews International Ratings Report.

See our dividend calendar or top-yielding stocks list.
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